Christina Romer: Two Hundred Thousand Jobs is Not Enough

Complete video at: http://fora.tv/2012/01/20/Christina_Romer__Michael_Boskin_Economic_Forecast

Christina Romer, Former Obama administration Chair of the Council of Economic Advisers calls the recent report on job growth "not good enough" to signal a strong recovery.

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Christina Romer and Michael Boskin: 2012 Economic Forecast

As our struggling economy and nation limp into a critical election year, don't miss this chance to hear a lively discussion with two former top presidential economic advisors on where the U.S. and global economies are headed in 2012 and what should be done to put them on track. - The Commonwealth Club of California

Christina Romer is former Chair of the Council of Economic Advisers for the Obama Administration. Romer now serves as the Class of 1957-Garff B. Wilson Professor of Economics at the University of California Berkeley. Before teaching at Berkeley, she taught economics and public affairs at Princeton University from 1985-1988. Until her nomination, she was co-director of the Program in Monetary Economics at the National Bureau of Economic Research and served as Vice President of the American Economic Association, where she was also a member of the executive committee. She is also a fellow of the American Academy of Arts and Sciences.

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[steelbreeze420]

@S24995 the flat tax crowd like to point out that US corporations hoard about 15 Trillion dollars off shore. Like the tax or not, its an interesting number and makes you wonder, besides the proposed flat tax, what would cause them to bring it back home. Revoke Corp Charters for offshore hoarding? I like that idea.. :)

[steelbreeze420]

@joecoool100 Yep..they have trimmed all business to minimums and hoarded cash and reserves to generate some modest income...then over worked remains fearful staff into pushing up numbers. No doubt about it. Question really is why wont they hire, and fair or not i think its ObamaCare(at least according to interviews), housing not resolved, and the continued debt generating military conflicts. Debt == Lower currency value. I wouldn't expand either..but i'm no CEO. :)

[cybersphere]

The ILO states that the world must create 600 Million jobs in the next decade or face widespread rioting.

[ToxinalX]

@joecoool100 (allthough that is of course obvious)

[ToxinalX]

@joecoool100 Perhaps I ought to have written "companies"/buissnessess for you to better have understood my point. Not all buissness thrive in a recession.

[ToxinalX]

@ToxinalX (on the other hand I wouldn't call them saints either)

[joecoool100]

@ToxinalX I love a good debate and discorse on any subject but I dont like being corrected by someone who has their facts wrong. Here are your instructions 1.google search "corprorate earnings all time high 2010/2011". 2. See story's by New York Times, Wash Post, Huff Post, and many others. 3. Notice they are speaking about all business sectors in general.They do single out some like banks/finc for xtra huge profits. 4. I'm CERTAIN you'll understand after doing a little reading.

[dynomike1964]

@dudestube Fucking right

[whoo689]

@ToxinalX What the hell are you referring to? Did we bail out Coke and Pepsi recently when I wasn't looking? O.o

[ToxinalX]

@joecoool100 For CERTAIN corporations, yes. In particular the government sponsored american duopolies.